NPORT-EX 1 NPORT_6177930348497168.htm iShares MSCI Emerging Markets ex China ETF

Schedule of Investments  (unaudited)

May 31, 2019

   

iShares® MSCI Emerging Markets ex China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    
Argentina — 0.5%            

Banco Macro SA, ADR

     150     $ 7,482  

BBVA Banco Frances SA, ADR

     1,782       15,967  

Globant SA(a)

     252       23,396  

Grupo Financiero Galicia SA, ADR

     354       9,066  

Pampa Energia SA, ADR(a)

     728       18,404  

Telecom Argentina SA, ADR

     1,626       24,113  

Transportadora de Gas del Sur SA, Class B, ADR

     1,200       15,708  

YPF SA, ADR

     684       10,144  
   

 

 

  
      124,280  
Brazil — 6.9%            

Ambev SA

     36,600       164,094  

B2W Cia. Digital(a)

     1,200       9,626  

B3 SA - Brasil, Bolsa, Balcao

     17,400       162,558  

Banco Bradesco SA

     8,544       71,266  

Banco do Brasil SA

     6,600       87,423  

Banco Santander Brasil SA

     3,600       42,029  

BB Seguridade Participacoes SA

     6,000       45,739  

BR Malls Participacoes SA

     8,400       27,489  

BRF SA(a)

     4,200       29,721  

CCR SA

     12,600       43,036  

Centrais Eletricas Brasileiras SA

     3,000       26,372  

Cia. de Saneamento Basico do Estado de Sao Paulo

     3,000       33,883  

Cia. Siderurgica Nacional SA

     5,400       22,817  

Cielo SA

     10,800       18,486  

Embraer SA

     6,000       29,047  

Engie Brasil Energia SA

     1,300       15,383  

Equatorial Energia SA

     1,800       39,615  

Hypera SA

     3,000       23,161  

IRB Brasil Resseguros S/A

     1,200       31,232  

JBS SA

     7,800       43,559  

Klabin SA

     6,600       26,219  

Kroton Educacional SA

     11,400       30,113  

Localiza Rent a Car SA

     4,800       46,646  

Lojas Renner SA

     7,230       81,343  

Magazine Luiza SA

     600       30,043  

Multiplan Empreendimentos Imobiliarios SA

     3,600       22,845  

Natura Cosmeticos SA

     1,800       27,581  

Notre Dame Intermedica Participacoes SA

     2,400       25,138  

Petrobras Distribuidora SA

     3,600       23,498  

Petroleo Brasileiro SA

     24,600       177,411  

Raia Drogasil SA

     1,800       31,922  

Rumo SA(a)

     10,200       50,448  

Suzano SA

     4,200       34,421  

TIM Participacoes SA

     6,000       16,861  

Ultrapar Participacoes SA

     6,000       31,698  

Vale SA

     24,671       308,829  

WEG SA

     7,240       35,235  
   

 

 

  
        1,966,787  
Chile — 1.2%            

Banco de Chile

     176,766       25,466  

Banco de Credito e Inversiones SA

     444       28,573  

Banco Santander Chile

     487,830       34,471  

Cencosud SA

     11,370       20,745  

Cia. Cervecerias Unidas SA

     1,644       22,322  

Empresas CMPC SA

     9,258       24,683  

Empresas COPEC SA

     3,732       38,745  

Enel Americas SA

     292,398       46,732  

Enel Chile SA

     338,172       31,080  
Security   Shares     Value  
Chile (continued)            

Latam Airlines Group SA

     3,336     $ 29,348  

SACI Falabella

     6,864       41,552  
   

 

 

  
          343,717  
Colombia — 0.5%            

Bancolombia SA

     2,940       32,624  

Ecopetrol SA

     43,848       35,972  

Grupo Argos SA/Colombia

     3,846       19,764  

Grupo de Inversiones Suramericana SA

     2,964       29,249  

Interconexion Electrica SA ESP

     4,344       20,880  
   

 

 

  
      138,489  
Czech Republic — 0.3%            

CEZ AS

     1,092       25,367  

Komercni Banka AS

     702       26,436  

Moneta Money Bank AS(b)

     8,358       27,221  
   

 

 

  
      79,024  
Egypt — 0.1%            

Commercial International Bank Egypt SAE

     5,667       24,269  
   

 

 

  
Greece — 0.4%            

Alpha Bank AE(a)

     10,836       20,407  

Hellenic Telecommunications Organization SA

     2,712       37,021  

JUMBO SA

     1,488       26,364  

OPAP SA

     2,460       25,700  
   

 

 

  
      109,492  
Hungary — 0.5%            

MOL Hungarian Oil & Gas PLC

     3,312       37,215  

OTP Bank Nyrt

     1,938       80,764  

Richter Gedeon Nyrt

     1,074       19,266  
   

 

 

  
      137,245  
Indonesia — 3.1%            

Adaro Energy Tbk PT

     134,400       12,195  

Astra International Tbk PT

     162,600       84,874  

Bank Central Asia Tbk PT

     85,800       174,936  

Bank Mandiri Persero Tbk PT

     159,600       85,824  

Bank Negara Indonesia Persero Tbk PT

     66,600       39,197  

Bank Rakyat Indonesia Persero Tbk PT

     469,200       134,785  

Charoen Pokphand Indonesia Tbk PT

     62,400       21,423  

Gudang Garam Tbk PT

     4,200       23,682  

Hanjaya Mandala Sampoerna Tbk PT

     67,800       16,056  

Indah Kiat Pulp & Paper Corp. Tbk PT

     21,600       11,729  

Indocement Tunggal Prakarsa Tbk PT

     17,400       25,845  

Indofood Sukses Makmur Tbk PT

     48,000       22,197  

Kalbe Farma Tbk PT

     214,200       21,086  

Pabrik Kertas Tjiwi Kimia Tbk PT

     12,600       9,005  

Perusahaan Gas Negara Tbk PT

     93,000       13,423  

Semen Indonesia Persero Tbk PT

     27,600       22,335  

Telekomunikasi Indonesia Persero Tbk PT

     387,600       105,913  

Unilever Indonesia Tbk PT

     11,400       35,544  

United Tractors Tbk PT

     13,800       24,511  
   

 

 

  
      884,560  
Malaysia — 3.1%            

Axiata Group Bhd

     23,400       26,189  

British American Tobacco Malaysia Bhd

     1,200       8,591  

CIMB Group Holdings Bhd

     40,800       51,310  

Dialog Group Bhd

     26,400       20,916  

DiGi.Com Bhd

     30,600       36,292  

Gamuda Bhd

     26,400       21,987  

Genting Bhd

     20,400       31,107  

Genting Malaysia Bhd

     27,600       20,681  
 

 

1

Schedule of Investments  (unaudited) (continued)

May 31, 2019

   

iShares® MSCI Emerging Markets ex China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Malaysia (continued)            

Hartalega Holdings Bhd

     13,200     $ 16,380  

Hong Leong Bank Bhd

     7,200       32,645  

IHH Healthcare Bhd

     18,000       23,625  

IOI Corp. Bhd

     24,600       25,301  

Kuala Lumpur Kepong Bhd

     4,800       28,407  

Malayan Banking Bhd

     32,400       69,741  

Malaysia Airports Holdings Bhd

     4,800       8,408  

Maxis Bhd

     20,400       26,970  

MISC Bhd

     14,400       23,883  

Nestle Malaysia Bhd

     600       21,048  

Petronas Chemicals Group Bhd

     20,400       40,503  

Petronas Gas Bhd

     4,200       17,700  

PPB Group Bhd

     7,240       32,446  

Press Metal Aluminium Holdings Bhd

     15,000       16,036  

Public Bank Bhd

     24,600       138,542  

Sime Darby Bhd

     16,800       9,301  

Sime Darby Plantation Bhd

     18,600       20,684  

Sime Darby Property Bhd

     73,800       18,668  

Tenaga Nasional Bhd

     22,800       69,099  

Top Glove Corp. Bhd

     15,000       18,077  

YTL Corp. Bhd

     36,640       9,968  
   

 

 

  
      884,505  
Mexico — 3.8%            

Alfa SAB de CV, Class A

     24,000       21,893  

America Movil SAB de CV, Series L, NVS

     264,600       186,056  

Arca Continental SAB de CV

     3,600       19,228  

Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand

     12,600       18,439  

Cemex SAB de CV, CPO(a)

     121,200       49,379  

Coca-Cola Femsa SAB de CV

     4,200       26,175  

Fibra Uno Administracion SA de CV

     25,800       33,086  

Fomento Economico Mexicano SAB de CV

     15,600       144,931  

Gruma SAB de CV, Series B

     1,560       14,868  

Grupo Aeroportuario del Pacifico SAB de CV, Series B

     3,000       29,338  

Grupo Aeroportuario del Sureste SAB de CV, Class B

     1,890       29,820  

Grupo Bimbo SAB de CV, Series A

     13,800       27,830  

Grupo Financiero Banorte SAB de CV, Class O

     21,000       114,137  

Grupo Financiero Inbursa SAB de CV, Class O

     15,000       19,886  

Grupo Mexico SAB de CV, Series B

     27,600       68,833  

Grupo Televisa SAB, CPO

     18,000       33,501  

Industrias Penoles SAB de CV

     1,200       13,419  

Infraestructura Energetica Nova SAB de CV

     3,600       14,649  

Kimberly-Clark de Mexico SAB de CV, Class A

     15,000       27,038  

Megacable Holdings SAB de CV, CPO

     2,400       9,902  

Mexichem SAB de CV

     7,800       16,311  

Promotora y Operadora de Infraestructura SAB de CV

     3,000       29,188  

Wal-Mart de Mexico SAB de CV

     42,600       120,144  
   

 

 

  
          1,068,051  
Pakistan — 0.0%            

MCB Bank Ltd.

     5,400       6,460  
   

 

 

  
Peru — 0.6%            

Cia. de Minas Buenaventura SAA, ADR

     1,614       24,485  

Credicorp Ltd.

     534       119,509  

Southern Copper Corp.

     774       26,107  
   

 

 

  
      170,101  
Philippines — 1.7%            

Aboitiz Equity Ventures Inc.

     21,900       23,470  

Ayala Corp.

     2,580       45,456  
Security   Shares     Value  
Philippines (continued)            

Ayala Land Inc.

     73,200     $ 69,466  

BDO Unibank Inc.

     19,380       51,273  

GT Capital Holdings Inc.

     1,097       18,150  

International Container Terminal Services Inc.

     6,060       15,800  

JG Summit Holdings Inc.

     26,580       31,899  

Jollibee Foods Corp.

     4,860       26,834  

Manila Electric Co.

     2,460       18,157  

Metro Pacific Investments Corp.

     198,600       17,133  

Metropolitan Bank & Trust Co.

     10,680       14,691  

PLDT Inc.

     750       19,411  

SM Investments Corp.

     2,160       39,008  

SM Prime Holdings Inc.

     93,000       70,961  

Universal Robina Corp.

     8,460       27,086  
   

 

 

  
      488,795  
Poland — 1.6%            

Alior Bank SA(a)

     1,152       15,834  

Bank Polska Kasa Opieki SA

     1,326       36,675  

CCC SA

     576       23,495  

CD Projekt SA

     582       31,482  

KGHM Polska Miedz SA(a)

     1,362       33,682  

LPP SA

     12       22,913  

mBank SA

     210       22,008  

PGE Polska Grupa Energetyczna SA(a)

     8,184       19,663  

Polski Koncern Naftowy ORLEN SA

     2,388       60,161  

Polskie Gornictwo Naftowe i Gazownictwo SA

     14,844       21,639  

Powszechna Kasa Oszczednosci Bank Polski SA

     7,110       72,737  

Powszechny Zaklad Ubezpieczen SA

     5,382       58,043  

Santander Bank Polska SA

     366       34,794  
   

 

 

  
      453,126  
Qatar — 1.4%            

Commercial Bank PQSC (The)

     1,410       17,909  

Ezdan Holding Group QSC(a)

     720       1,467  

Industries Qatar QSC

     1,519       47,352  

Masraf Al Rayan QSC

     3,348       33,141  

Mesaieed Petrochemical Holding Co.

     88       631  

Ooredoo QPSC

     1,206       21,248  

Qatar Electricity & Water Co. QSC

     528       23,823  

Qatar Fuel QSC

     173       9,745  

Qatar Insurance Co. SAQ

     1,476       14,126  

Qatar Islamic Bank SAQ

     888       40,576  

Qatar National Bank QPSC

     3,744       192,473  
   

 

 

  
          402,491  
Russia — 5.6%            

Alrosa PJSC

     23,400       31,665  

Gazprom PJSC

     84,780       279,948  

Inter RAO UES PJSC

     354,000       21,814  

LUKOIL PJSC

     3,306       267,383  

Magnit PJSC, GDR(c)

     1,006       14,069  

MMC Norilsk Nickel PJSC

     540       113,718  

Mobile TeleSystems PJSC, ADR

     4,416       34,533  

Moscow Exchange MICEX-RTS PJSC

     3,220       4,189  

Novatek PJSC, GDR(c)

     762       156,210  

Novolipetsk Steel PJSC

     13,860       36,664  

PhosAgro PJSC, GDR(c)

     1,272       16,371  

Polyus PJSC

     62       4,921  

Rosneft Oil Co. PJSC, GDR(c)

     9,366       62,415  

Sberbank of Russia PJSC, ADR

     20,522       296,543  

Severstal PJSC

     1,800       28,638  

Surgutneftegas PJSC

     59,400       22,742  
 

 

2

Schedule of Investments  (unaudited) (continued)

May 31, 2019

   

iShares® MSCI Emerging Markets ex China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Russia (continued)            

Tatneft PJSC

     12,480     $ 143,400  

VTB Bank PJSC, GDR(c)

     11,502       13,273  

X5 Retail Group NV, GDR(c)

     1,068       31,520  
   

 

 

  
          1,580,016  
Saudi Arabia — 2.1%            

Advanced Petrochemical Co.

     1,320       19,534  

Al Rajhi Bank

     4,152       76,168  

Almarai Co. JSC

     1,926       26,191  

Bank AlBilad

     3,522       22,313  

Bank Al-Jazira

     5,028       19,547  

Bupa Arabia for Cooperative Insurance Co.

     576       13,516  

Co for Cooperative Insurance (The)(a)

     858       15,854  

Jarir Marketing Co.

     528       23,512  

National Commercial Bank

     3,804       55,280  

Riyad Bank

     3,600       25,438  

Sahara International Petrochemical Co.

     3,894       22,220  

Samba Financial Group

     2,394       22,342  

Saudi Arabian Fertilizer Co.

     1,332       28,200  

Saudi Basic Industries Corp.

     2,184       65,106  

Saudi British Bank (The)

     2,274       23,405  

Saudi Cement Co.

     912       15,393  

Saudi Electricity Co.

     6,528       28,024  

Saudi Industrial Investment Group

     2,844       18,200  

Saudi Kayan Petrochemical Co.(a)

     7,344       22,950  

Saudi Telecom Co.

     1,068       28,648  

Yanbu National Petrochemical Co.

     1,716       29,101  
   

 

 

  
      600,942  
South Africa — 8.6%            

Absa Group Ltd.

     5,880       68,262  

Anglo American Platinum Ltd.

     318       16,007  

AngloGold Ashanti Ltd.

     3,414       45,656  

Aspen Pharmacare Holdings Ltd.

     3,036       20,426  

Bid Corp. Ltd.

     2,694       56,317  

Bidvest Group Ltd. (The)

     2,556       36,363  

Capitec Bank Holdings Ltd.

     348       31,536  

Clicks Group Ltd.

     1,950       25,541  

Discovery Ltd.

     3,036       28,932  

Exxaro Resources Ltd.

     2,106       24,576  

FirstRand Ltd.

     27,246       125,211  

Foschini Group Ltd. (The)

     2,064       24,968  

Gold Fields Ltd.

     6,690       30,073  

Growthpoint Properties Ltd.

     20,712       34,417  

Investec Ltd.

     2,838       16,705  

Life Healthcare Group Holdings Ltd.

     12,510       19,894  

Mondi Ltd.

     1,080       22,223  

Mr. Price Group Ltd.

     2,298       31,121  

MTN Group Ltd.

     13,386       94,380  

MultiChoice Group Ltd.(a)

     4,086       34,212  

Naspers Ltd., Class N

     3,492       785,741  

Nedbank Group Ltd.

     2,827       50,891  

NEPI Rockcastle PLC

     3,312       27,998  

Netcare Ltd.

     9,048       11,561  

Old Mutual Ltd.

     40,488       58,517  

Pick n Pay Stores Ltd.

     3,720       18,136  

PSG Group Ltd.

     1,284       21,437  

Rand Merchant Investment Holdings Ltd.

     11,652       26,350  

Redefine Properties Ltd.

     43,848       27,319  

Reinet Investments SCA

     1,224       19,423  

Remgro Ltd.

     4,086       51,971  
Security   Shares     Value  
South Africa (continued)            

RMB Holdings Ltd.

     5,826     $ 32,965  

Sanlam Ltd.

     14,886       77,879  

Sappi Ltd.

     5,052       19,122  

Sasol Ltd.

     4,506       113,471  

Shoprite Holdings Ltd.

     3,696       43,669  

SPAR Group Ltd. (The)

     1,788       23,519  

Standard Bank Group Ltd.

     10,746       146,712  

Tiger Brands Ltd.

     1,158       17,499  

Truworths International Ltd.

     3,870       19,048  

Vodacom Group Ltd.

     4,626       37,752  

Woolworths Holdings Ltd./South Africa

     7,464       23,457  
   

 

 

  
          2,441,257  
South Korea — 16.6%            

Amorepacific Corp.

     294       44,190  

AMOREPACIFIC Group

     216       11,753  

BGF retail Co. Ltd.

     85       13,311  

BNK Financial Group Inc.

     2,364       13,697  

Celltrion Healthcare Co. Ltd.(a)

     396       18,920  

Celltrion Inc.(a)

     690       110,085  

Celltrion Pharm Inc.(a)

     132       5,664  

CJ CheilJedang Corp.

     84       19,785  

CJ Corp.

     156       13,296  

CJ ENM Co. Ltd.

     108       17,376  

Daelim Industrial Co. Ltd.

     270       23,465  

Daewoo Shipbuilding & Marine Engineering Co. Ltd.(a)

     480       12,011  

DB Insurance Co. Ltd.

     456       23,549  

E-MART Inc.

     174       21,040  

Fila Korea Ltd.

     438       28,688  

GS Engineering & Construction Corp.

     612       20,633  

GS Holdings Corp.

     462       19,436  

Hana Financial Group Inc.

     1,830       55,780  

Hankook Tire & Technology Co. Ltd.

     588       17,281  

Hanmi Pharm Co. Ltd.

     60       20,581  

Hanon Systems

     1,914       18,643  

Hanwha Chemical Corp.

     1,086       18,831  

Hanwha Corp.

     468       10,041  

HDC Hyundai Development Co-Engineering & Construction, Class E

     270       9,715  

Helixmith Co. Ltd.(a)

     85       13,904  

HLB Inc.(a)

     318       18,745  

Hotel Shilla Co. Ltd.

     276       21,924  

Hyundai Engineering & Construction Co. Ltd.

     696       30,040  

Hyundai Glovis Co. Ltd.

     186       25,380  

Hyundai Heavy Industries Co. Ltd.(a)

     360       35,519  

Hyundai Heavy Industries Holdings Co. Ltd.

     108       28,657  

Hyundai Marine & Fire Insurance Co. Ltd.

     546       14,098  

Hyundai Mobis Co. Ltd.

     558       101,676  

Hyundai Motor Co.

     1,164       131,462  

Hyundai Steel Co.

     726       24,873  

Industrial Bank of Korea

     2,232       25,958  

Kakao Corp.

     426       44,535  

Kangwon Land Inc.

     1,056       27,533  

KB Financial Group Inc.

     3,174       116,736  

KCC Corp.

     42       9,099  

Kia Motors Corp.

     2,232       73,750  

Korea Aerospace Industries Ltd.

     696       19,374  

Korea Electric Power Corp.(a)

     1,902       41,525  

Korea Investment Holdings Co. Ltd.

     378       22,980  

Korea Zinc Co. Ltd.

     78       28,622  

KT&G Corp.

     906       76,838  
 

 

3

Schedule of Investments  (unaudited) (continued)

May 31, 2019

   

iShares® MSCI Emerging Markets ex China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
South Korea (continued)            

LG Chem Ltd.

     396     $ 110,730  

LG Corp.

     810       49,856  

LG Display Co. Ltd.(a)

     1,896       27,224  

LG Electronics Inc.

     864       57,024  

LG Household & Health Care Ltd.

     84       90,144  

LG Innotek Co. Ltd.

     102       8,111  

LG Uplus Corp.

     1,032       12,089  

Lotte Chemical Corp.

     132       28,597  

Lotte Corp.

     234       8,292  

Lotte Shopping Co. Ltd.

     103       13,838  

Medy-Tox Inc.

     42       15,807  

Mirae Asset Daewoo Co. Ltd.

     3,504       21,950  

NAVER Corp.

     1,122       105,049  

NCSoft Corp.

     138       55,274  

Netmarble Corp.(a)(b)

     204       19,614  

NH Investment & Securities Co. Ltd.

     1,542       17,480  

OCI Co. Ltd.

     138       10,464  

Orion Corp./Republic of Korea

     270       19,498  

Pearl Abyss Corp.(a)

     48       7,968  

POSCO

     624       124,444  

POSCO Chemical Co. Ltd.

     174       7,948  

Samsung Biologics Co. Ltd.(a)(b)

     138       34,764  

Samsung C&T Corp.

     654       50,688  

Samsung Electro-Mechanics Co. Ltd.

     456       36,452  

Samsung Electronics Co. Ltd.

     37,350       1,332,920  

Samsung Engineering Co. Ltd.(a)

     1,170       16,407  

Samsung Fire & Marine Insurance Co. Ltd.

     246       55,980  

Samsung Heavy Industries Co. Ltd.(a)

     4,716       31,086  

Samsung Life Insurance Co. Ltd.

     588       39,895  

Samsung SDI Co. Ltd.

     438       80,362  

Samsung SDS Co. Ltd.

     282       49,017  

Samsung Securities Co. Ltd.

     612       18,166  

Shinhan Financial Group Co. Ltd.

     3,102       115,781  

Shinsegae Inc.

     60       15,014  

SillaJen Inc.(a)

     504       23,277  

SK Holdings Co. Ltd.

     300       58,317  

SK Hynix Inc.

     4,302       235,889  

SK Innovation Co. Ltd.

     444       61,516  

SK Telecom Co. Ltd.

     174       36,600  

S-Oil Corp.

     372       26,083  

Woongjin Coway Co. Ltd.

     420       28,249  

Woori Financial Group Inc.

     3,072       35,856  

Yuhan Corp.

     102       21,198  
   

 

 

  
          4,715,917  
Taiwan — 16.0%            

Acer Inc.

     24,000       14,463  

ASE Technology Holding Co. Ltd.

     30,000       56,750  

Asia Cement Corp.

     24,000       34,240  

Asustek Computer Inc.

     6,000       41,186  

AU Optronics Corp.

     66,000       19,416  

Catcher Technology Co. Ltd.

     6,000       36,441  

Cathay Financial Holding Co. Ltd.

     60,000       77,438  

Chailease Holding Co. Ltd.

     12,080       44,518  

Chang Hwa Commercial Bank Ltd.

     49,472       31,221  

Cheng Shin Rubber Industry Co. Ltd.

     12,000       15,222  

China Airlines Ltd.

     60,000       18,486  

China Development Financial Holding Corp.

     102,000       30,007  

China Life Insurance Co. Ltd./Taiwan

     25,243       19,484  

China Steel Corp.

     102,000       78,406  

Chunghwa Telecom Co. Ltd.

     30,000       106,762  
Security   Shares     Value  
Taiwan (continued)            

Compal Electronics Inc.

     30,000     $ 18,648  

CTBC Financial Holding Co. Ltd.

     144,000       95,431  

Delta Electronics Inc.

     18,000       81,139  

E.Sun Financial Holding Co. Ltd.

     84,671       73,388  

Far Eastern New Century Corp.

     30,000       31,127  

Far EasTone Telecommunications Co. Ltd.

     12,000       29,798  

First Financial Holding Co. Ltd.

     78,785       56,324  

Formosa Chemicals & Fibre Corp.

     30,000       102,017  

Formosa Petrochemical Corp.

     12,000       44,033  

Formosa Plastics Corp.

     36,000       125,836  

Foxconn Technology Co. Ltd.

     12,000       23,345  

Fubon Financial Holding Co. Ltd.

     48,000       65,670  

Highwealth Construction Corp.

     8,000       12,350  

Hon Hai Precision Industry Co. Ltd.

     96,200       224,885  

Hotai Motor Co. Ltd.

     1,600       25,610  

Hua Nan Financial Holdings Co. Ltd.

     72,139       47,807  

Innolux Corp.

     84,000       19,902  

Inventec Corp.

     30,000       22,586  

Largan Precision Co. Ltd.

     1,000       119,257  

Lite-On Technology Corp.

     18,000       25,680  

MediaTek Inc.

     12,000       118,055  

Mega Financial Holding Co. Ltd.

     96,000       94,140  

Micro-Star International Co. Ltd.

     6,000       15,677  

Nan Ya Plastics Corp.

     42,000       104,294  

Nanya Technology Corp.

     12,000       23,383  

Novatek Microelectronics Corp.

     6,000       31,791  

Pegatron Corp.

     12,000       19,549  

Pou Chen Corp.

     24,000       27,217  

Powertech Technology Inc.

     6,000       14,102  

President Chain Store Corp.

     6,000       57,129  

Quanta Computer Inc.

     24,000       44,717  

Realtek Semiconductor Corp.

     6,000       37,960  

Shanghai Commercial & Savings Bank Ltd. (The)

     30,000       55,136  

Shin Kong Financial Holding Co. Ltd.

     90,374       25,100  

SinoPac Financial Holdings Co. Ltd.

     114,259       44,276  

Synnex Technology International Corp.

     12,000       14,520  

Taishin Financial Holding Co. Ltd.

     90,032       40,157  

Taiwan Business Bank

     42,000       17,205  

Taiwan Cement Corp.

     31,000       42,069  

Taiwan Cooperative Financial Holding Co. Ltd.

     73,461       47,754  

Taiwan High Speed Rail Corp.

     24,000       33,025  

Taiwan Mobile Co. Ltd.

     12,000       44,792  

Taiwan Semiconductor Manufacturing Co. Ltd.

     192,000       1,430,320  

Tatung Co. Ltd.(a)

     12,000       8,256  

Uni-President Enterprises Corp.

     42,000       108,014  

United Microelectronics Corp.

     90,000       36,726  

Vanguard International Semiconductor Corp.

     6,000       11,445  

Walsin Technology Corp.

     1,000       5,030  

Win Semiconductors Corp.

     2,000       11,040  

Winbond Electronics Corp.

     42,000       18,932  

Wistron Corp.

     30,598       21,778  

WPG Holdings Ltd.

     13,520       16,893  

Yageo Corp.

     1,198       9,891  

Yuanta Financial Holding Co. Ltd.

     78,000       43,796  
   

 

 

  
          4,543,042  
Thailand — 4.2%            

Advanced Info Service PCL, NVDR

     10,200       62,204  

Airports of Thailand PCL, NVDR

     40,200       80,978  

Bangkok Bank PCL, Foreign

     2,400       14,902  

Bangkok Dusit Medical Services PCL, NVDR

     73,200       58,981  
 

 

4

Schedule of Investments  (unaudited) (continued)

May 31, 2019

   

iShares® MSCI Emerging Markets ex China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Thailand (continued)            

Banpu PCL, NVDR

     65,400     $ 30,791  

Berli Jucker PCL, NVDR

     18,600       26,301  

Bumrungrad Hospital PCL, NVDR

     4,200       22,229  

Central Pattana PCL, NVDR

     18,000       40,525  

Charoen Pokphand Foods PCL, NVDR

     35,400       31,040  

CP ALL PCL, NVDR

     44,400       111,886  

Electricity Generating PCL, NVDR

     1,200       11,262  

Energy Absolute PCL, NVDR

     19,800       33,628  

Home Product Center PCL, NVDR

     46,200       24,671  

Indorama Ventures PCL, NVDR

     19,200       27,907  

Intouch Holdings PCL, NVDR

     13,800       25,182  

Kasikornbank PCL, Foreign

     9,600       56,876  

Kasikornbank PCL, NVDR

     6,600       38,894  

Krung Thai Bank PCL, NVDR

     42,600       25,710  

Minor International PCL, NVDR

     19,800       24,244  

PTT Exploration & Production PCL, NVDR

     12,600       49,966  

PTT Global Chemical PCL, NVDR

     22,200       42,615  

PTT PCL, NVDR

     90,000       131,527  

Ratch Group PCL, NVDR

     12,600       24,485  

Siam Cement PCL (The), NVDR

     5,400       77,125  

Siam Commercial Bank PCL (The), NVDR

     10,200       41,738  

Thai Oil PCL, NVDR

     10,200       19,096  

Thai Union Group PCL, NVDR

     51,600       29,511  

True Corp. PCL, NVDR

     194,400       30,222  
   

 

 

  
              1,194,496  
Turkey — 0.7%            

Akbank T.A.S.(a)

     24,546       25,153  

BIM Birlesik Magazalar AS

     2,142       29,254  

Eregli Demir ve Celik Fabrikalari TAS

     14,538       18,061  

Haci Omer Sabanci Holding AS

     16,290       21,634  

KOC Holding AS

     7,290       20,275  

Tupras Turkiye Petrol Rafinerileri AS

     1,224       27,477  

Turk Hava Yollari AO(a)

     5,562       11,904  

Turkcell Iletisim Hizmetleri AS

     10,884       21,710  

Turkiye Garanti Bankasi AS

     19,518       26,523  
   

 

 

  
          201,991  
United Arab Emirates — 1.1%            

Abu Dhabi Commercial Bank PJSC

     18,408       45,004  

Aldar Properties PJSC

     52,386       25,957  

DAMAC Properties Dubai Co. PJSC

     5,810       1,360  

DP World PLC

     1,638       28,026  

Dubai Islamic Bank PJSC

     12,798       17,561  

Emaar Properties PJSC

     32,628       39,707  

Emirates Telecommunications Group Co. PJSC

     16,806       74,579  

First Abu Dhabi Bank PJSC

     20,472       82,822  
   

 

 

  
          315,016  
   

 

 

  

Total Common Stocks — 80.6%
(Cost: $23,450,833)

       22,874,069  
   

 

 

  

Investment Companies

    
India — 13.9%            

iShares MSCI India ETF(d)

     109,806       3,950,820  
   

 

 

  

Total Investment Companies — 13.9%
(Cost: $3,785,570)

       3,950,820  
   

 

 

  
Security   Shares      Value  

Preferred Stocks

     
Brazil — 4.1%             

Banco Bradesco SA, Preference Shares, NVS

     33,076      $ 312,644  

Braskem SA, Class A, Preference Shares, NVS

     1,200        13,115  

Cia. Brasileira de Distribuicao, Preference Shares, NVS

     1,200        26,735  

Cia. Energetica de Minas Gerais, Preference Shares, NVS

     8,408        31,704  

Gerdau SA, Preference Shares, NVS

     9,000        31,890  

Itau Unibanco Holding SA, Preference Shares, NVS

     39,000        348,712  

Itausa-Investimentos Itau SA, Preference Shares, NVS

     37,334        118,171  

Lojas Americanas SA, Preference Shares, NVS

     6,000        24,739  

Petroleo Brasileiro SA, Preference Shares, NVS

     31,800        207,564  

Telefonica Brasil SA, Preference Shares, NVS

     3,600        44,191  
    

 

 

  
           1,159,465  
Chile — 0.2%             

Embotelladora Andina SA, Class B, Preference Shares

     5,124        17,102  

Sociedad Quimica y Minera de Chile SA, Series B, Preference Shares

     924        27,970  
    

 

 

  
           45,072  
Colombia — 0.1%             

Bancolombia SA, Preference Shares, NVS

     2,766        32,416  
    

 

 

  
Russia — 0.1%             

Surgutneftegas PJSC, Preference Shares, NVS

     67,200        41,744  
    

 

 

  
South Korea — 0.8%             

CJ Corp., Preference Shares(a)

     7        159  

Hyundai Motor Co.

     

Preference Shares, NVS

     168        11,060  

Series 2, Preference Shares, NVS

     258        18,566  

Samsung Electronics Co. Ltd., Preference Shares, NVS

     6,642        194,090  
    

 

 

  
           223,875  
    

 

 

  

Total Preferred Stocks — 5.3%
(Cost: $1,461,486)

        1,502,572  
    

 

 

  

Warrants

     
Thailand — 0.0%             

Minor International PCL
(Expires 12/31/21)(a)

     495        —  
    

 

 

  

Total Warrants — 0.0%
(Cost: $0)

        —  
    

 

 

  

Short-Term Investments

     
Money Market Funds — 0.8%             

BlackRock Cash Funds: Treasury,
SL Agency Shares,
    2.33%(d)(e)

     230,892        230,892  
    

 

 

  

Total Short-Term Investments — 0.8%
(Cost: $230,892)

        230,892  
    

 

 

  

Total Investments in Securities — 100.6%
(Cost: $28,928,781)

        28,558,353  

Other Assets, Less Liabilities — (0.6)%

        (157,279 ) 
    

 

 

  

Net Assets — 100.0%

      $   28,401,074  
    

 

 

  

 

(a) 

Non-income producing security.

(b) 

Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

 

 

5

Schedule of Investments  (unaudited) (continued)

May 31, 2019

   

iShares® MSCI Emerging Markets ex China ETF

 

(c) 

This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

(d) 

Affiliate of the Fund.

(e) 

Annualized 7-day yield as of period-end.

 

 

Affiliates

Investments in issuers considered to be affiliates of the Fund during the nine months ended May 31, 2019, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

 

  
Affiliated Issuer  

Shares

Held at

08/31/18

     

Shares

Purchased

    

Shares

Sold

    

Shares

Held at
05/31/19

      Value at
05/31/19		      Income     

Net

Realized

Gain (Loss)

     

Change in

Unrealized

Appreciation
(Depreciation)

  

 

  

BlackRock Cash Funds: Treasury,
SL Agency Shares

     17,460        213,432 (a)      —       230,892      $ 230,892      $ 270      $ —      $ —  

iShares MSCI India ETF

     37,615        75,294       (3,103 )      109,806        3,950,820        10,053        721        89,363  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 4,181,712      $ 10,323      $ 721      $ 89,363  
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (a) 

Net of purchases and sales.

 

Fair Value Measurements

Various inputs are used in determining the fair value of financial instruments. For description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to a recently published shareholder report. Shareholder reports are available on the Fund’s website at www.iShares.com and on the U.S. Securities and Exchange Commission website at www.sec.gov.

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of May 31, 2019. The breakdown of the Fund’s investments into major categories is disclosed in the Schedule of Investments above.

 

 

  
    Level 1      Level 2     Level 3      Total  

 

  

Investments

          

Assets

          

Common Stocks

   $ 22,874,069      $ —     $ —      $ 22,874,069  

Investment Companies

     3,950,820        —       —        3,950,820  

Preferred Stocks

     1,502,413        159       —        1,502,572  

Warrants

     —        0 (a)      —        0 (a) 

Money Market Funds

     230,892        —       —        230,892  
 

 

 

     

 

 

    

 

 

     

 

 

  
  $ 28,558,194      $         159     $             —      $ 28,558,353  
 

 

 

     

 

 

    

 

 

     

 

 

  

 

  (a) 

Rounds to less than $1.

 

 

Portfolio Abbreviations — Equity
ADR    American Depositary Receipt
CPO    Certificates of Participation (Ordinary)
GDR    Global Depositary Receipt
NVDR    Non-Voting Depositary Receipt
NVS    Non-Voting Shares

 

6